570 Cypress Ave - Car Washes FOR SALE


Redding, CA 96001
$3,500,000 USD
951-269-3000
570 Cypress Ave, Redding, CA for Sale
$3,500,000 USD
Car Washes - FOR SALE
1/25
null | 7.54% Cap Rate

570 Cypress Ave
Redding, CA 96001


HIGHLIGHTS

  • 7.54% CAP RATE INVESTMENT PROPERTY
  • $264,000 NOI
  • Major Street - Freeway Off Ramp
  • Coroner Lot 1.93 acres

OVERVIEW

INVESTMENT PROPERTY • 7.54% CAP RATE, $264,000 annual incomes NNN • Prime location, 1.93 acres, Investment Property • Located on Major off ramp of 5fwy near City Hall, Police and Fire Department, Elementary School • Minutes away from Shasta Mall and other shopping and auto centers • See attached Flyer for details • NDA Link: https://bashirtariq.com/nda-form • Redding is one of the largest City north of Sacrament. Redding is famous for its economic and cultural capital of the Shasta Cascade region of Northern California, about 162 miles north of Sacramento

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/SF

$411 USD /SF

CAP RATE

7.54%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Car Washes

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

4

LAND DETAILS

LAND ACRES

2.3 AC

LAND SF

100,065 SF

ZONING

-

APN/PARCEL ID

102-690-013-000,102-690-016-000,102-690-017-000

ASK ABOUT THIS PROPERTY

Bashir TariqKW CommercialMore Info
951-269-3000

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Bashir TariqKW CommercialMore Info
951-269-3000

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.